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Economic

Food safety&price, main concerns of consumers in Romania

Tuesday, October 4, 2022

   Food safety is the main factor that influences the choices of consumers in Romania, when they are in front of the store shelves, informs a press release from the National Veterinary Sanitary and Food Safety Authority (ANSVSA).Thus, 59% of Romanians (46% of EU citizens) declare that they are guided by their degree of safety when purchasing food. In second place is price (48% of Romanians vs. 54% of EU citizens), while taste is only the ...

Tourism: Survey: Romanian littoral leads in top of destinations where tourists were disappointed this summer

Tuesday, October 4, 2022

The Romanian littoral is leader in the top of destinations where tourists were disappointed this summer. At the opposite pole we find Maramures, Bucovina and Transylvania, as the most welcoming areas in Romania, according to an opinion poll made by an online hotel platform.   “According to an opinion poll made by the online hotel platform Travelminit.ro, Romanians say they were welcomed with great ...

Radisson Blu Aurum Hotel opens in Brasov in October following EUR 16.3 M investment

Tuesday, October 4, 2022

After 34 months of work that involved a team of 250-400 people monthly, Radisson Blu Aurum Hotel opens its doors in Brasov on October 16. The total investment amounts to 16.3 million euros, almost 3 million euros more than the value initially estimated. The hotel in the centre of Bra?ov rehabilitates a building in an advanced phase of ...

Cars: What cars do Eastern European consumers prefer?

Tuesday, October 4, 2022

Mogo Romania, the company specializing in second-hand car financing, has conducted a comparative study between 5 countries in the CEE on its portfolio of funding granted to ...

Agriculture: INTER-BIO Association's Lianu: Romania has 12,000 organic producers on 2pct organic area

Tuesday, September 27, 2022

The economic products market in Romania is affected by the confusion of what organic means, President of the INTER-BIO Association Costin Lianu said."The economic products market in Romania is a developing market with a very small percentage, no one knows very well the turnover of organic ...

Report: Contribution of forestry sector, wood-based industries reaches 9.86 billion euros annually

Tuesday, September 27, 2022

The total contribution of the forestry sector and wood-based industries has reached 9.86 billion euros annually, taking into account both the direct impact, which has grown constantly in the last five years, as well as the indirect effects and the growth potential is high, shows a report made by PwC Romania at the request of the Wood Industry Association - Prolemn.The report concerns "The socio-economic and climatic impact of the forestry sector and ...

Trade: Eurostat: Bread prices in Romania have increased more than the EU average in the last year

Tuesday, September 27, 2022

Bread, vegetables, meat - food has become more ...

Study: Romanians increasingly buy luxury second-hand clothing and opt for brands such as Versace, Moncler, Gucci, Balenciaga, Prada

Tuesday, September 27, 2022

Romanians have recently been buying vintage, second-hand clothing in the current context of price increases, choosing luxury brands such as Versace, Moncler, Gucci, Balenciaga or Prada, according to the results of a study published by an online platform.   According to OLX data, the most expensive luxury clothing item currently reported as an active ad on OLX is listed at 10,000 euros, a men’s gala ...

Healthcare: Health minister: 3 mln expired COVID vaccine doses destroyed in Romania so far

Tuesday, September 27, 2022

Romania has so far destroyed about 3 million expired COVID-19 vaccine doses, health minister Alexandru Rafila said. Another 3 million doses will most likely have the same fate, as they will expire by the end of the ...

Tourism: Romanian tourism needs annual promotion budget between 10 and 20 million euros

Tuesday, September 27, 2022

Romanian tourism needs an annual promotion budget between 10 and 20 million euros, an amount to be recovered 100 or 1000 times in a few years, says Traian Badulescu, spokesman of the National Association of Travel Agencies in Romania (ANAT).   Badulescu pointed out that funds used to promote tourism should be managed by a public-private partnership and used for Romania's participation in international ...

Real Estate: One United Properties signed 103.400 sqm office lease from January 2020 to date

Tuesday, September 27, 2022

One United Properties (ONE), the leading Romanian green developer of residential, mixed-use and office real estate, announces the signing of lease contracts for 103.400 sqm office space from January ...

Infrasructure: Satu Mare Airport undergoes EUR 87.5 mln modernization

Tuesday, September 27, 2022

Satu Mare International Airport in northwestern Romania, managed by Satu Mare County Council, will invest RON 433 mln (EUR 87.5 mln) for modernization works. The financing is secured from European Union’s budget (under ERDF) and supplemented by allocations from the state budget and the local budget of Satu Mare County.   Out of the total, EUR 73.7 mln will be used to construct a new terminal ...

Authorization to build new T4 terminal at Iasi International Airport was signed

Tuesday, September 27, 2022

 Representatives of the Iasi County Council, Iasi City Hall and STRABAG SRL met, on Wednesday, at the headquarters of the Iasi municipality to make public the issuance of the construction permit for the fourth terminal at the Iasi International Airport and a new parking lot.The authorization was handed to the Airport management and the builder, during a press conference that took place at the Iasi City Hall."Starting from 2024, the Iasi ...

Telecom . IT: Report: Romania's digital economy could grow 3.5 times, to approximately 52 billion euros in 2030 

Tuesday, September 27, 2022

Romania's digital economy could grow 3.5 times, to approximately 52 billion euros in 2030, compared to 14.8 billion euros last year, reveals the "Digital Challengers on the Next Frontier" Report, drawn up by McKinsey & Company.Currently, Romania is the third market as a digital economy among the ten Digital Challengers countries, after Poland (44 billion euros) and the Czech Republic (18 billion euros). In this context, the value is divided between ...

Healthcare: Study “Situation of medical staff” initiated

Tuesday, September 20, 2022

  Friedrich Ebert Romania Foundation launched the study “Situation of medical staff in Romania”, made together with Syndex Romania, author Stefan Guga. The study makes a detailed diagnosis of the situation of medical staff , by analyzing the evolution of personnel in the health system, its geographic distribution and effects of recent salary policies.   Main results and ...

Allocations in PNRR to reduce risk of nosocomial infections, investments in specialized outpatient clinics

Tuesday, September 20, 2022

Over 150 million euros are allocated in the National Recovery and Resilience Plan (PNRR) to reduce the risk of nosocomial infections in public hospitals, informed the Ministry of Health, which published the Beneficiary's Guide for obtaining these funds on Friday.According to the ministry, the total budget of 150,380,000 euros without VAT is intended to finance at least 25 public hospitals.The rehabilitation/modernization/expansion of the existing ...

Trade: Cargus survey: 3 out of 4 users prefer delivery at click & collect points for lower costs and flexible package pick-up schedule

Tuesday, September 20, 2022

  Over half of shoppers purchase online at least 3 times a month. 62% of Cargus survey respondents choose card payment. 30% of online stores offer customers the opportunity to pick up their parcel from a partner ...

Tourism : Study : Foreign tourists spend almost 40pct more in Romania this summer against 2021

Tuesday, September 20, 2022

 Foreign tourists spent by almost 40% more in Romania this summer than in 2021, the most popular holiday destinations being the mountain resorts in Transylvania and Apuseni regions, according to a study by Global Payments .This year, Romanian tourism had an atypical evolution, but it saw a significant economic growth, if we refer to the volume of expenses incurred in the last two summer months.Global Payments carried out an analysis of the amounts ...

Statistics: Foreign tourists spend over 2,612 lei/person in Romania in H1 2022 

Tuesday, September 20, 2022

 The total number of H1 2022 non-resident tourists staying in tourist accommodation establishments in Romania was 630,500, in the first semester of this year, with their expenses amounting to 1.647 billion lei, on average approximately 2,612.3 lei/person, according to a press statement released by the National Institute of Statistics (INS) on Friday.Travel for a private purpose was the main reason for the stay of 50.3% of the non-resident tourists ...

Romanians are choosing city-breaks for their off-season travels

Tuesday, September 20, 2022

Kiwi.com, a travel-tech company, shares traveling data regarding an overview of Romanians’ plans for off-season vacations. According to data from Kiwi.com, most Romanian tourists are going on city breaks this autumn and their preferred destinations are European cities.   It seems that this past summer has had Romanians looking for cooler climates, as well as traditional summer destinations that are friendlier in the ...

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